Matter Economics & Profitability Intelligence
FY 2024
FY 2023
FY 2022
All Practice Groups
M&A
Litigation
Employment
Real Estate
IP
Corporate
All Client Tiers
Tier 1 (>$2M)
Tier 2 ($500K-$2M)
Tier 3 (<$500K)
Net Realized Revenue per Equity Partner
$2.84M
+8.4% vs FY23
Firm-Wide Realization Rate
81.2%
-2.1% vs FY23
Blended Rate Achievement
94.3%
+1.2% vs FY23
Avg Budget Variance
18.7%
+4.3% vs FY23
Utilization Rate
68.4%
-3.2% vs FY23
Write-Down Rate
12.8%
+1.9% vs FY23
Revenue Waterfall: Gross WIP to Net Realized
Timekeeper Economics Scatter
Bubble size = hours billed · Color = practice group
Write-Down Rate by Timekeeper Tier
Client Margin Tier
Matter Lifecycle (days)
Budget Variance by Phase
Matter Economics Table
Matter Name
Client
Practice
Realized Rev
Realization %
Budget Var
Write-Down
Status
Origination Credit by Partner
Realization Rate by Practice Group
Effective Rate by Client Industry
Alternative Fee Arrangement Exposure
Contingency
$1.2M (4.2%)
Fixed Fee
$4.8M (16.9%)
Capped Fee
$2.1M (7.4%)
Hourly
$20.3M (71.5%)
Realization Rate Heatmap by Practice Group & Quarter
Q1 2024
Q2 2024
Q3 2024
Q4 2024
M&A
92.1%
91.8%
91.4%
90.9%
Litigation
81.2%
78.4%
77.1%
80.3%
Employment
83.2%
76.1%
74.8%
75.6%
Real Estate
85.7%
84.9%
86.2%
85.4%
IP
82.1%
81.8%
83.4%
82.7%
Corporate
87.3%
86.8%
88.1%
87.5%
Green = >90% · Blue = 84-90% · Yellow = 80-84% · Orange = <80%